Entrepreneur
Name
Josphat
Member since
September 2016
On-time repayments
37 installments • 27%
About Me
I am Josphat Kiplangat Chepkwony born 22 years ago in a village called Kipkebe in Silibwet Sub-Location, Township Location, Bomet Central constituency, bomet central division, rift valley province, Bomet County in Kenya. I attended Kabungut Primary at an early childhood stage and later on joined Siwot Youth Polytechnic for a Carpentry course dealing in household goods since my parents were unable to pay my O-level fees. i managed to join one of the leading Polytechnic and Immediately I completed I started my own business of making and selling Chairs, Tables, Cupboards, Desks and other related items.
My Business
I had passion and immediately i completed my two year course at Siwot youth polytechnic i started my own business in my home town called Silibwet in Kenya. i have been in business for the last ten years and having been making the best products for sale within and outside Bomet County. i am experienced in making Semi sofa, Sofa sets, Tables both wooden and Formica, Roofing houses, constructing wooden and mud houses when called for. i chose this business because of passion to make quality products for my clients. the costs i normally meet is for purchasing timber, frames, tools and paints for my quality products. i normally use my profits to increase stock and for my personal needs and some for saving. i therefore wish to increase stock but had difficulties raising money.
Loan Proposal
with the loan i will purchase the following items:-
1. i will buy timber for use in making customers chairs and tables worth 15 dollars
2. i will purchase nails worth 4 dollars
3. i will buy wooden glue for joints worth 6 dollars
the total cost of the project is worth 25 dollars.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
Nov 30, 2016
Repayment status
Late
Projected term
6 months
Other loans
Lenders
United States
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